King Juan Carlos I Creates a Foundation in Abu Dhabi to Transfer his Inheritance to His Daughters Elena and Cristina.
In a recent financial move, the emeritus King Juan Carlos I has set up a foundation in Abu Dhabi to manage and transfer his wealth to his daughters, the infantas Elena and Cristina. This decision is part of a succession planning process that seeks to ensure the correct distribution of his inheritance.
About this matter, La Sexta Noticias has contacted Sílvia Gabarró, director of GM Tax Consultancy and expert in international tax law. Gabarró commented on the tax implications of this operation, highlighting its relevance in international taxation and management of assets abroad.
This move has aroused considerable media interest, given the international context in which it is taking place and the possible tax repercussions for both the emeritus monarch and his heirs.